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2-bed · 1,551 sqftShoreline - Hamri, Palm Jumeirah · completed 2007

1005, Shoreline - Hamri

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 24 November 2020
Last soldAED 1.35M24 November 2020
Current rentAED 95K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Shoreline - Hamri

What is 1005 worth today?

Last sold for AED 1,350,000 in 2020

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24 Nov 2020SoldReady
AED 1,350,000AED 870 per sqft
1 Oct 2019RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
20 Jun 2018RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
20 Jun 2017RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
10 Jun 2016RentedNew contract
AED 160,000/yr12 months · AED 103 per sqft
12 Jun 2013SoldReady
AED 2,000,000AED 1,289 per sqft
22 Nov 2012Sold by developerReady
AED 2,300,000AED 1,483 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2020.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Parking
B1-14
Developer
Nakheel
Completed
2007
Service charge
AED 23,300 /yr
Last sold
AED 1.35M · November 2020
Building
Shoreline - Hamri

About 1005, Shoreline - Hamri

1005 is a two-bedroom apartment of 1,551 sqft of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 24 November 2020 for AED 1,350,000, or AED 870 per sqft, in line with the AED 886 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 October 2019, is AED 95,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 23,300 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical two-bed in Shoreline - Hamri
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,400,000; 2011 AED 1,175,000; 2012 AED 1,800,000; 2013 AED 1,925,000; 2014 AED 1,825,000; 2016 AED 1,912,500; 2018 AED 1,800,000; 2020 AED 1,425,000; 2021 AED 1,775,000; 2022 AED 2,050,000; 2023 AED 2,800,000; 2024 AED 2,650,000; 2025 AED 4,400,000Sold by developer, November 2012: AED 2,300,000 (AED 1,483 per sqft)Sold, June 2013: AED 2,000,000 (AED 1,289 per sqft)Sold, November 2020: AED 1,350,000 (AED 870 per sqft)

1005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1005, each contractTypical two-bed in Shoreline - Hamri
100K150K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 130,000; 2014 AED 160,000; 2015 AED 155,000; 2016 AED 153,500; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 109,250; 2022 AED 120,000; 2023 AED 145,000; 2024 AED 170,000; 2025 AED 172,200New contract, June 2016: AED 160,000 a yearNew contract, June 2017: AED 140,000 a yearRenewal, June 2018: AED 130,000 a yearNew contract, October 2019: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shoreline - Hamri, and where 1005 sits

All 53 2-beds →

1005 last sold in November 2020 at AED 870 per sqft, in line with what two-beds in Shoreline - Hamri were fetching at the time (AED 886). Over the last 12 months two-beds sold for AED 4,600,000, around AED 2,302 per sqft, and rent for AED 152,000 to 220,000 a year. 1005's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20254,600,000
15 Apr 20254,100,000
12 Mar 20254,400,000
18 Dec 20242,650,000
1 2-bed sale in the last 12 months

Shoreline - Hamri

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,457
Typical sale
AED 5.2M
Typical rent
AED 160K /yr
Typical yield
5.0%
Shoreline - Hamri, Palm Jumeirah: prices, sales and rents →

1005, Shoreline - Hamri in numbers

  • Sold 3 times: first on 22 November 2012 for AED 2,300,000, last on 24 November 2020 for AED 1,350,000 (AED 870 per sqft).
  • Rented since June 2016 on 4 Ejari contracts, from AED 160,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 23,300 a year (AED 15.01 per sqft).
  • Two-beds in Shoreline - Hamri sold for AED 4,600,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,457 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2020.

Questions about 1005, Shoreline - Hamri

What did unit 1005 last sell for?

AED 1,350,000 on 24 November 2020: AED 870 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 2,300,000 in November 2012.

What is the rent for unit 1005?

AED 95,000 a year on the contract signed on 1 October 2019. The previous contract, from June 2018, was AED 130,000; the unit has been rented since June 2016.

How big is unit 1005?

1,551 sqft (144.1 sqm): a two-bedroom apartment of a 9-storey tower completed in 2007.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Hamri sold for AED 4,600,000 to 4,600,000 in the last 12 months, around AED 2,302 per sqft.

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Mortgage on 1005, Shoreline - Hamri

Starts from the last sale price (AED 1.35M, 24 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →